108 Garden Avenue, Richmond Hill

Price: $2,699,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13607010

* RARE OFFERING!~ BUNGALOW ON HUGE 72X 294 FEET LOT IN PRESTIGOUS 'SOUTH RICHVALE' RICHMOND HILL. BRIGHT & SUNNY ! RECENT RENOVATIONS WITH 3 BEDROOMS, 1 WASHROOM, GREAT LAYOUT WITH LARGE WINDOWS AND 2 CAR GARAGE. SURROUNDED BY $5MILL- $10+MILLION MANSIONS!~ WALK TO SHOPPING/ PARKS/ TRANSPORT-BUSES/ BEST SCHOOLS

108 Garden Avenue - Detached photo 1 of 2 in Richmond Hill, Ontario
108 Garden Avenue - Detached photo 2 of 2 in Richmond Hill, Ontario
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New Listing
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$2,699,000 - 108 Garden Avenue, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 2 days ago

Neighbourhood: South Richvale

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13607010
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

* RARE OFFERING!~ BUNGALOW ON HUGE 72X 294 FEET LOT IN PRESTIGOUS 'SOUTH RICHVALE' RICHMOND HILL. BRIGHT & SUNNY ! RECENT RENOVATIONS WITH 3 BEDROOMS, 1 WASHROOM, GREAT LAYOUT WITH LARGE WINDOWS AND 2 CAR GARAGE. SURROUNDED BY $5MILL- $10+MILLION MANSIONS!~ WALK TO SHOPPING/ PARKS/ TRANSPORT-BUSES/ BEST SCHOOLS

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,938.59/mo

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5-yr fixed avg.

Principal: $2,159,200Interest: $1,422,376
Mortgage Amount$2,159,200
Total Interest$1,422,376
Est. Property Tax$1,912/mo
Total Cost$3,581,576

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South Richvale

Discover South Richvale

South Richvale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South Richvale

  • Convenient location in Richmond Hill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

South Richvale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

108 Garden Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,912
Insurance (est.)-$562
Net Cash Flow+$326

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $2454/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About South Richvale

I know South Richvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $11,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    108 Garden Avenue, Richmond Hill | $2,699,000 | Battaglia Team